Posts Tagged ‘Cardiff’

Free Property Report

Recent statistics released by Rpdata for the second quarter 2010 shows capital growth is still being recorded in the Lake Macquarie area.

The strongest performing suburbs were Awaba 36% followed by Balcolyn and Balmoral with 22%, Mirrabrooka and Eleebana had 14% with Argenton,  Bonnells Bay, Cardiff and Cardiff Heights, Fassifern, Kilaben Bay,Rankin Park, Speers Point, Toronto and Warners Bay all showing growth of between 6-8%.

Lake Macquarie is one of NSW strongest growing locations with it’s proximity to recreation and employment opportunities. A great place to raise a family  

If you are looking to buy in these or any other areas within Lake Macquarie and would like to now how your suburb is performing then follow the Rpdata link at the start of this article for you free report

The City of Lake Macquarie has 11 suburbs record 10% and above capital growth in property for the first quarter of 2010 in figures recently published by Rp Data.

This shows that Lake Macquarie still has strong growth and supports it’s claim to being one of the fastest growing economies in NSW and a suitable place to invest.

As  you can see from this list the growth there is in all areas of the City.

Brightwaters 39% Hillsborough 23% Kahibah 23% Kilaben Bay 18% Windermere Park 18%

Belmont 15% Lakelands 15% Garden Suburb 13% Morisset 11% Fennel Bay 10% Nords Wharf 10%

Blacksmiths 9% Pelican 9% Cardiff 8% Wangi Wangi 8% Woodrising 8% Argenton 7% Speers Point 7%

Tingara Heights 6%

For a free copy of the Rp Data report on your suburb or any suburb you may consider investing in follow the link below and enter detail of the property.

Free Property Report

 

At Channel Direct Home loans we are often asked by clients whether it is necessary to get a home loan pre-approval before making an offer to buy a property. If you have your Home Loan Finance conditionally approved you are in a stronger negotiating position than the person who has not taken the steps to see if they qualify for finance. 

This applies to any one purchasing property whether you are a First Home Buyer, buying an Investment property or simply upsizing.

Just recently I met up with a Real Estate Agent, Kay – she told me that a property she had in Cardiff recently, ended up with 3 interested buyers all putting forward their offers with 2 putting finance conditions on their offers.

Sadly they both missed out; one party because their loan had not been approved at the time of offer, while the other party didn’t meet the criteria of the lender.

This is the worst position they could have been in! There was such disappointment and heartbreak but it happens all the time.

So, “Begin with the end in Mind”!  Have you home loan finance in place so that you can go shopping with confidence for a home in your price range. Your home loan pre-approval puts you in a favorable position to negotiate a better price than without finance approval, your offer is taken seriously and it allows you to swoop quickly if you come across a bargain.

Free Property Report

If you would like a free RP Data report on a property of your choice follow this link